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Safra Group to build 'Tulip tower' despite opposition

Apr 03, 2019 - The Daily Telegraph (London)

A BANKING dynasty headed by Brazil's wealthiest man has won approval to build a controversial observation tower in the City of London, despite opposition from campaigners that labelled it "a lift shaft with a bulge on top".

Sao Paulo's Safra Group plans to build the 305-metre high Tulip, designed by architects Foster & Partners, on the same site as the "Gherkin" skyscraper, which it bought for a reported £700m in 2014. The conglomerate is run by Joseph Safra, the son of its founder Jacob,...